A
form of business organization in which a company which already has a successful
product or / service (the franchisor)
enters into a continuing contractual relationship with other businesses
(franchisees) operating under the franchisor's trade name and usually with the
franchisor's guidance, in exchange for a fee.
Some
of the most popular franchises in the India, KFC, Coffe Day, McDonalds,
Naturals Icecream, Cox and Kings, Yatra.com
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